What is a short sale and how can it help you?

A short sale is also known as a short payoff. This occurs when a borrower cannot pay the mortgage on there property. The lender decides that selling the property at a loss is better than pressuring the borrower for money they don’t have. Both parties must consent to a short sale.

This is helpful to a borrower because it allows them to avoid a foreclosure or bankruptcy and will protect your credit from further degradation. A shortsale is a solution for the borrower and the lender and helps the borrower and their families get a fresh start.

Home Star Realty Group has the experience and knowledge needed for a short sale transaction. We have helped many homeowners and banks avoid the lengthy and stressful foreclosures and evictions. Our goal is a win-win solution for the homeowner and the lenders.

Why use Home Star Realty Group?
• Experience – Since 2003
• We are short sale experts
• Experienced & Knowledgeable agents and staff
• Extremely High Success rate
• Familiar with lenders requirements which makes for a smooth & easy transaction

Fill out our Sell Your House form or click here to contact a Home Star realtor for more information.